The Payment Services Directive 2 is a European Union law that was introduced in January 2018.
The changes implemented as part of PSD2 will further protect you against fraud, and keep you safe online when making purchases, and when using your online banking services. These changes are happening right across the European Financial Services industry.
Strong Customer Authentication (SCA) is a security step that further enhances your security when transacting online and reduces the risk of fraud.
Device enrolment is a process that will link your permanent tsb customer profile to your smart device (Mobile or Tablet) which will allow you to provide authentication where necessary.
What is a Third Party Provider and how does it impact you?
Merchant-Initiated Transactions (MIT’s) are one or a series of transactions governed by an agreement between the cardholder (you) and the service provider (merchant).